Renaissance Technologies LLC Acquires New Shares in Ecopetrol S.A. $EC

Renaissance Technologies LLC bought a new position in Ecopetrol S.A. (NYSE:EC) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 239,000 shares of the oil and gas company’s stock, valued at approximately $3,583,000.

Several other large investors have also recently bought and sold shares of EC. Smartleaf Asset Management LLC bought a new stake in shares of Ecopetrol during the second quarter worth about $25,000. Farther Finance Advisors LLC raised its holdings in Ecopetrol by 221.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,898 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 2,685 shares during the last quarter. Advisory Services Network LLC bought a new position in Ecopetrol in the 3rd quarter valued at approximately $40,000. Parallel Advisors LLC boosted its position in Ecopetrol by 34.8% during the 1st quarter. Parallel Advisors LLC now owns 7,890 shares of the oil and gas company’s stock worth $118,000 after buying an additional 2,038 shares during the period. Finally, Inspire Investing LLC acquired a new position in Ecopetrol in the 4th quarter valued at approximately $88,000.

Ecopetrol Price Performance

EC stock opened at $16.77 on Friday. The stock has a market capitalization of $34.47 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 1.29 and a beta of 0.44. The company’s 50-day moving average is $15.79 and its 200-day moving average is $14.23. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.55 and a quick ratio of 1.30. Ecopetrol S.A. has a 1 year low of $8.45 and a 1 year high of $17.75.

Ecopetrol (NYSE:EC) last issued its earnings results on Wednesday, July 1st. The oil and gas company reported $0.86 EPS for the quarter. Ecopetrol had a return on equity of 12.38% and a net margin of 8.84%.The business had revenue of $11.72 billion during the quarter. Equities research analysts expect that Ecopetrol S.A. will post 1.85 EPS for the current fiscal year.

Key Stories Impacting Ecopetrol

Here are the key news stories impacting Ecopetrol this week:

• Positive Sentiment: Strong second-quarter performance: Revenue rose 61.5% year over year to $11.7 billion, while net income attributable to common shareholders increased 246.1% to $1.8 billion. Diluted EPS reached $0.86, supported by higher gross and operating profits. Operating cash flow totaled $2.2 billion. Ecopetrol Q2 2026 earnings
• Positive Sentiment: Potentially friendlier energy policy: Colombia’s new president signaled support for oil and gas development, including a possible shift away from restrictions on the sector. That could improve the operating and investment outlook for Ecopetrol, the country’s leading energy producer. Colombia energy policy shift
• Positive Sentiment: Expansion in Brazil: Ecopetrol secured a path to control Brazilian independent Brava Energia after a roughly $520 million offer and auction. The deal could expand production and regional diversification, although returns will depend on integration and asset performance. Ecopetrol Brava Energia acquisition
• Neutral Sentiment: Debt-holder meetings scheduled: Ecopetrol will meet domestic public-debt bondholders on August 18 regarding the proposed merger by absorption. Approval could advance the transaction, but the restructuring adds financing and execution considerations. Ecopetrol bondholder meetings
• Negative Sentiment: Bearish analyst signal: Zacks downgraded Ecopetrol from “hold” to “strong sell,” arguing that favorable energy-sector conditions may not persist. Zacks Bear of the Day: Ecopetrol
• Negative Sentiment: Valuation concerns: The reported median analyst price target of $13.75 is below the stock’s recent trading level, suggesting limited near-term upside in some analysts’ models despite the earnings improvement.

Wall Street Analysts Forecast Growth

EC has been the topic of several analyst reports. UBS Group boosted their price objective on shares of Ecopetrol from $13.50 to $14.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Wall Street Zen lowered Ecopetrol from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. lifted their target price on Ecopetrol from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Citigroup lowered Ecopetrol from a “buy” rating to a “neutral” rating and upped their price target for the company from $14.00 to $18.00 in a research report on Wednesday, June 3rd. Finally, Zacks Research cut Ecopetrol from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Six investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $13.14.

Ecopetrol Company Profile

Ecopetrol SA (NYSE: EC) is Colombia’s state-controlled integrated oil and gas company and the country’s largest oil producer. The company’s operations span the upstream, midstream and downstream segments of the hydrocarbon value chain, including exploration and production of crude oil and natural gas, refining of petroleum products, transportation and storage via pipeline networks, and the marketing and sale of fuels and petrochemical feedstocks. Ecopetrol serves domestic demand in Colombia and maintains a portfolio of international investments and partnerships across the Americas.

In upstream activities, Ecopetrol focuses on exploration and development of onshore and offshore fields to sustain and grow hydrocarbon production.